Shares of semiconductor company Broadcom surged following a report on Friday that Intel is considering an acquisition.

Intel a year ago finished second in global semiconductor sales with revenue of $62.8 billion.

When asked to comment on the acquisition, Intel in a statementsaid that it doesn't comment on rumors or speculation related to mergers. What's more, Broadcom's products could both complement Intel's and provide the solid presence in mobile chips that has largely escaped Intel, whose heritage is personal computers and whose business remains centered on PCs and computer servers. The Intel spokeswoman said, "That being said, we have made important acquisitions over the past 30 months - including Mobileye and Altera - and our focus is on integrating those acquisitions and making them successful for our customers and shareholders".

Broadcom's November approach for Qualcomm, which was rebuffed, was valued at $130bn (£93.8bn) and would have been the largest tech deal in history.

The Committee on Foreign Investment in the United States has expressed concerns that a Broadcomtakeover of Qualcomm would undermine U.S. efforts to stay ahead of China in the development of 5G tech.

Broadcom is pressing ahead, vowing to cooperate with the USA review and pledging to boost investment in U.S. wireless technology to offset concerns that it would slash spending and allow foreign companies to steal the lead in the next generation of mobile technology.

Representatives of Broadcom didn't immediately respond to a request for comment. The consolidation of Qualcomm and Broadcom would already make the semiconductor industry significantly less competitive, and a possible buyout from Intel would only make the situation worse.

In the final, Kenya started off well with Willy Ambaka creating time and space to surge over the line for a try. Kenya had to dig deep after falling 19-12 in the second half with less than two minutes to go.

Kyle Busch won the first 75-lap stage, and brother Kurt Busch took the second in a one-lap shootout after a caution period. Harvick began the streak at Atlanta after crashing and finishing 31st in the season-opening Daytona 500.

Trump later said that "trade wars are something good and easy to win". "Millions of people addicted and dying", he said. But Navarro left room for change in the timing of the tariffs , which the president said would be signed this week.

Penn State standouts Tony Carr and Lamar Stevens celebrate a victory over Ohio State in the Big Ten Tournament quarterfinals. Temple is making its 19th appearance in the National Invitation Tournament , the most of any school in the 2018 field.

October trailer showcases how the lover tries to save his beloved one without caring his career, society as well as family. Shoojit Sircar directorial October , co-produced by Ronnie Lahiri and Sheel Kumar also features Banita Sandhu .

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The victor will be the No. 11 seed in the East Region and will face No. 6 Florida (20-12) on Thursday in Dallas. They're also experienced, with four upperclassmen among that quintet of players that rank No. 41 on KenPom.

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